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1716 articles found for "passive income"
Three GOP representatives defied party leadership in a 214-217 vote that rejected a rule blocking floor votes on tariff disapproval resolutions, opening the path for the first direct congressional challenge to Trump's trade powers.
Average hourly earnings rose 0.4% in January 2026, pushing year-over-year wage growth well above the 2.7% inflation rate and extending the longest stretch of real wage gains since before the pandemic.
Coca-Cola announced that CEO James Quincey will become Executive Chairman while Henrique Braun takes over as CEO, marking the first leadership change at the $270 billion company since 2017.
McDonald's reported Q4 revenue of $7.1 billion, beating the $6.83 billion estimate by 4%, as US same-store sales surged 5.4% and the stock hit a record price.
Zillow Group reported $2.6 billion in full-year 2025 revenue, a 16% increase, and swung to a $23 million annual profit as mortgage originations surged 67% and rentals revenue climbed 45%.
Super Bowl LX at Levi's Stadium produced a record $20.2 billion in total consumer spending, generated $500 million in local economic impact, and set new benchmarks for advertising and sports betting.
Money markets repriced the Fed's next rate cut from June to July after January payrolls came in at 130,000, more than double expectations, while unemployment dropped to 4.3%.
Enterprise software stocks suffer another brutal session as Salesforce drops 5%, ServiceNow falls 5%, and Intuit plunges further, extending a sector rout that has erased hundreds of billions in value.
The federal government lost 34,000 jobs in January 2026, the largest monthly decline in federal employment in years, as deferred resignation offers and agency restructuring show up in BLS data for the first time.
Gold rose to $5,061 per ounce on February 11, 2026, supported by central bank demand, with China's PBoC extending its gold purchases for a 15th consecutive month, and growing rate cut expectations.
President Trump has nominated former Fed Governor Kevin Warsh to succeed Jerome Powell as Federal Reserve Chair when Powell's term expires in May 2026, igniting a debate over central bank independence.
A Center for American Progress analysis estimates that Trump's tariffs on steel, aluminum, and lumber are adding $17,500 to the cost of each new home, potentially erasing 450,000 units by 2030.